IMMO LEMAHIEU
ActiveIMMO LEMAHIEU has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €619k and a net result of €76k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 377 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+6
Solvency49▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.36 against 1.17 in 2024; short-term debt: 7.7% and cash: 2.2% of total assets), and 76.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.6%
Return on assets
2.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
16 d early
2023
21 d late
2022
31 d late
2021
31 d late
2021
44 d early
2020
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€76k▲ 16.5%
2024 · €66k
2019: €-5k
2020: €352
2021: €-3k
2021: €-5k
2022: €-7k
2023: €76k
2024: €66k
2019 → 2025
Working capital
€-130k
2024 · €33k
2019: €-34k
2020: €-13k
2021: €-12k
2021: €4k
2022: €-371k
2023: €-421k
2024: €33k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€407k-€400k▼ 1.6%€477k▲ 19.1%€542k▲ 13.8%€619k▲ 14.1%
Operating result€-5k-€-2k▲ 70.7%€38k€33k▼ 12.9%€54k▲ 61.4%
Net result€-5k-€-7k▼ 21.5%€76k€66k▼ 14.1%€76k▲ 16.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.63M
Fixed assets
€2.55M▲ 1.8%
Current assets
€73k▼ 67.5%
Equity and liabilities €2.63M
Equity
€619k▲ 14.1%
Debt
€2.01M▼ 8.4%
The debt ratio falls from 80.2% to 76.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145k▲
2024 · €73k
Cash flow
€168k▲
2024 · €106k
Solvency
23.6%▲
2024 · 19.8%
Current ratio
0.36▼
2024 · 1.17
Quick ratio
0.36▼
2024 · 1.17
Debt / equity
3.24▼
2024 · 4.04
ROE
12.4%▲
2024 · 12.1%
ROA
2.9%▲
2024 · 2.4%
Interest coverage
2.78▲
2024 · 2.25
Debt
€2.01M▼
2024 · €2.19M
Debt ≤ 1 year
€203k▲
2024 · €191k
Debt > 1 year
€1.79M▼
2024 · €1.98M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.73M€2.63M▼
Fixed assets21/28€2.51M€2.55M▲
Tangible fixed assets22/27€1.39M€1.43M▲
Land and buildings22€599k€678k▲
Plant, machinery and equipment23-€17k
Furniture and vehicles24€36k€34k▼
Other tangible fixed assets26€753k€702k▼
Financial fixed assets28€1.12M€1.12M▲
Current assets29/58€224k€73k▼
Amounts receivable after more than one year29€100k-
Other amounts receivable291€100k-
Amounts receivable within one year40/41€88k€14k▼
Trade receivables40€72k€14k▼
Other amounts receivable41€16k-
Cash at bank and in hand54/58€37k€58k▲
Deferred charges and accrued income490/1-€412
Equity and liabilities
Total equity and liabilities10/49€2.73M€2.63M▼
Equity10/15€542k€619k▲
Contributions10/11€599k€599k=
Capital10€599k€599k=
Issued capital100€599k€599k=
Reserves13€3k€20k▲
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133-€17k
Profit (loss) carried forward14€-59k-
Amounts payable17/49€2.19M€2.01M▼
Amounts payable after more than one year17€1.98M€1.79M▼
Financial debts170/4€1.98M€1.79M▼
Other amounts payable178/9€200€200=
Amounts payable within one year42/48€191k€203k▲
Current portion of amounts payable after more than one year42€139k€144k▲
Trade debts44€50k€23k▼
Suppliers440/4€50k€23k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€12k
Taxes450/3-€12k
Other amounts payable47/48€2k€21k▲
Accrued charges and deferred income492/3€20k€18k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€91k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€81k€152k▲
Operating profit (loss)9901€33k€54k▲
Financial income75/76B€65k€75k▲
Recurring financial income75€65k€75k▲
Financial charges65/66B€33k€52k▲
Recurring financial charges65€33k€52k▲
Profit (loss) for the period before taxes9903€66k€76k▲
Profit (loss) for the period9904€66k€76k▲
Profit (loss) for the period to be appropriated9905€66k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€17k▲
Profit (loss) brought forward from the previous period14P€-125k€-59k▲
Transfer to equity691/2-€17k
To other reserves6921-€17k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
31-12
Financial
Highest result since 2019net €76k ▲16.5%
Operating result €54k, net result €76k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 12current ratio 1.17
Current ratio from 0.10 to 1.17; short-term debt falls from €467k to €191k.
31-12
Financial
Equity above €500kEq €542k ▲13.8%
2 profitable years in a row build equity to €542k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
31-12
Financial
Back to profitnet €76k
Net result €76k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
29-02
Financial
Back to profitnet €352
Net result €352 after one loss-making year.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorent 819420 Erpe-MereGround area
1,502 m²
Building footprint
295 m²
Volume, LiDAR
2,253 m³
Parcel 41009B0399/00R002, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO LEMAHIEU
since 19912.248.540.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009B0399/00R002 | Flanders | 1,502 m² | 1 · 295 m² | 12.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Lumatan
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ontwerpbureau vandenberghe / stedenbouw & architectuur
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IMMOBILIERE DU VIEUX CHENE
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ERVIVAN
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Of 732 companies in sector 55209 we hold annual accounts for 208. 121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-03-1991
Fiscal year end31-12
Abbreviation NL
IMMO LEM.
Activities, NACEBEL
55209Other holiday and short-stay accommodation
55203Holiday cottages, homes and apartments
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.